v3.26.1
Finance debt - Fair value of long-term debt (Details) - EUR (€)
€ in Millions
Dec. 31, 2025
Dec. 31, 2024
Borrowings    
Financial liabilities, at fair value € 23,650 € 24,831
Long-term and current portion of long-term ordinary bonds and sustainability-linked bond    
Borrowings    
Financial liabilities, at fair value 20,119 21,026
Long-term and current portion of long-term convertible sustainability-linked bonds    
Borrowings    
Financial liabilities, at fair value 1,071 973
Long-term and current portion of long-term bank debt    
Borrowings    
Financial liabilities, at fair value 1,608 1,143
Long-term and current portion of long-term debt with other financial institutions    
Borrowings    
Financial liabilities, at fair value € 852 € 1,689